Why do so many people trade the 60 second binary option


Where Do I trade? This trade also won. Call option down at 1.

I did end up using the 1. Trade History Using 1 Minute Expiry 1: Nevertheless, this trade did not win as price continued to climb back into its previous trading range. Several put options almost set up on the 1.

Therefore, introducing some second trades into my blog can serve to lend some advice on how I would approach these. Also, I was feeling a bit fatigued by this point and decided to call it quits for the day. This trade lost, as price went above my level and formed a new daily high. For put options at this point, I had an eye toward 1.

Basic 60 Second Strategy My basic strategy toward second options goes as follows: For this trade, the high of day initially made on the 2: However, the minute after this trade expired in-the-money, the market broke below 1. Price was holding pretty well at 1.

Another put option at 1. On a normal move, I would take a put option there, but momentum was strong on the 2: This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. This trade also won. But price busted through and this trade lost.

Once again, I used the current daily high of 1. A third put options at 1. But, in general, I have faith in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to apply it to any market or timeframe. This time, I used 1. It was also heading into an area of recent resistance so once it hit 1.